Moldova Faces Energy Crisis and Risks

Moldova faces a challenging winter as it prepares for potential energy shortages, with President Maia Sandu accusing Gazprom of provoking a crisis by refusing alternative gas supply routes. With Ukraine planning to end its Gazprom contract by year-end, Moldova currently relies on approximately 2 billion cubic meters of Russian gas annually, particularly for the breakaway Transdniestria region. Meanwhile, the EU's dependency on Russian gas has seen fluctuations, with an increase from 14% to 19% in the first quarter of 2023, despite efforts to diversify sources. The U.S. aims to reinforce sanctions on Russian energy exports, urging Europe to take decisive steps to reduce reliance on Russian gas. At the same time, advancements in nuclear technology, led by Russia’s Rosatom, are being explored as a sustainable energy alternative. While these developments unfold, Moldova's energy security remains precarious as it navigates the geopolitical landscape.